Review of key events and forecasts from ASYL INVEST JCS (Kazakhstan) analysts for October 31, 2011

/IRBIS, October 31, 2011/ - ASYL INVEST JCS (Almaty) provided IRBIS with the review of main events and its investment ideas and forecasts for October 31, 2011. Analysts of ASYL INVEST JCS note the following tendencies on Kazakhstani and world markets: - In the Asian session today mixed dynamics is observed. Japan's Nikkei is rising by 0.5% today on the weakening Japanese yen and rising shares of exporters, while the Hang-Seng and Shanghai Composite drop by an average of 1.0%. The reasons for concern in the markets were weak corporate accountability and concern for China. Losses for the third quarter today released the fourth in the world of computer maker Acer, and Japanese Tohoku Electric Power. In China, the optimism was asleep, after Prime Minister Wen Jiabao told the country that the government should maintain control measures for the real estate market in force. Futures on major U.S. indices are adjusted for today by 0.55-0.65%. - Commodity markets today are reduced dramatically. Quotes of WTI oil and Brent drop by nearly 1%. Copper in electronic trading in New York falls by 3.5%. Gold prices today have lost almost 2%. The euro/dollar drops by 1% on fears that last week proposed EU measures to resolve the crisis will not help troubled countries, as economic situation there is deteriorating. - News background today is negative for the shares of mining companies in Kazakhstan, quotes of Kazakhmys, ENRC and KMG EP can markedly decrease after takeoff last week. This material has only informative character and is not the offer or recommendation to make any transactions with the stocks. Irbis Agency doesn't take responsibility for the opinions which are given in this material. [2011-10-31]